White House exposes stablecoin yield ban wouldn’t help banks, raising the stakes for CLARITY in the Senate
The report’s own projections show the ban barely nudges bank lending while putting stablecoin innovation and consumer yields on the line.
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The report’s own projections show the ban barely nudges bank lending while putting stablecoin innovation and consumer yields on the line.
Liam 'Akiba' Wright 9 min read
Coinbase’s Brian Armstrong just flipped back to support after a Treasury push, yet Senate Banking still hasn’t moved.
A rare multi agency barrage is meant to force a Senate Banking markup after the bill sat untouched for months.
A fight over stablecoin yield and regulatory control is turning a flagship crypto bill into a fragile political trade-off.
The proposal leaves states with a narrow lane while pushing large stablecoin issuers toward federal control.
David Sacks exits after shaping U.S. crypto policy, delivering institutional gains while Bitcoin promises remain unresolved.
Bitcoin increasingly sells off into Fed events, raising questions about a repeatable macro-driven trading pattern.
The agencies drew bright lines on tokens, staking, airdrops, mining, and wrapped assets, then warned they can revise it.
Politico says negotiators found an agreement in principle, but the same yield clause can still unravel fast.
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